(Worthy News) - House Ways and Means Committee Chairman Kevin Brady said Monday that he and other House Republicans will ask President Trump to exempt some countries from promised steel and aluminum tariffs, but stopped short of suggesting that Congress could pursue a legislative response.
“We think tailoring the tariffs strengthens the president's hand in a major way, and make sure that American manufacturing workers aren’t caught up in the unintended consequences of a broader tariff action,” Brady, R-Texas, told reporters Monday afternoon at the Capitol.
Trump has pledged to use his power to set tariffs for national security purposes to implement an across-the-board 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports. [ Source: Washington Examiner (Read More...) ]
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Tariffs on metals didn't do well after Reagan imposed them. Not necessarily a good move by Trump either. Bu some say it'll amount to almost nothing:
http://business.financialpost.com/pmn/business-pmn/tariffs-would-aid-steelworkers-at-expense-of-far-more-others